In the Canine Dimensions Franchisee Disclosure Acknowledgment Statement, what is the franchisee asked to confirm regarding oral statements during negotiations?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Canine Dimensions Franchising, LLC (the "Franchisor") and you are preparing to enter into a franchise agreement (the "Franchise Agreement") for the establishment and operation of a Canine Dimensions Business (the "Franchised Business"). The purpose of this Questionnaire is to determine whether any statements or promises were made to you by employees or authorized representatives of the Franchisor, or by employees or authorized representatives of a broker acting on behalf of the Franchisor ("Broker") that have not been authorized, or that were not disclosed in the Disclosure Document or that may be untrue, inaccurate or misleading. The Franchisor, through the use of this document, desires to ascertain: (a) that the undersigned, individually and as a representative of any legal entity established to acquire the franchise rights, fully understands and comprehends that the purchase of a franchise is a business decision, complete with its associated risks, and (b) that you are not relying upon any oral statement, representations, promises or assurances during the negotiations for the purchase of the franchise which have not been authorized by Franchisor.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 33–35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the Franchisee Disclosure Acknowledgment Statement seeks to confirm that the franchisee is not relying on any unauthorized oral statements, representations, promises, or assurances made during negotiations for the purchase of the Canine Dimensions franchise. This is to ensure that the franchisee understands that the purchase of a franchise is a business decision with associated risks and that they are not basing their decision on any claims not authorized by Canine Dimensions.
This acknowledgment is a standard practice in franchising. It aims to protect Canine Dimensions from potential legal disputes arising from misunderstandings or misinterpretations of verbal communications during the franchise sales process. Franchisees are expected to rely solely on the information provided in the FDD and any other written agreements.
Prospective Canine Dimensions franchisees should carefully review the FDD and related documents and seek clarification on any points of concern before signing the Acknowledgment Statement. If a franchisee believes they have received unauthorized information, they should disclose it to Canine Dimensions in writing to ensure it is addressed and does not influence their decision inappropriately. This confirmation helps ensure both parties are aligned on the terms and expectations of the franchise agreement.